On Sat, 19 Jul 2003 02:06:06 -0500, someone wrote:

....If you bid one dollar over fair market value. You can
have the house at that price....

What kind of 'deal' is to buy a house for over market value?

lots cut about how bank sets price of loan plus expenses of sale
more cut about how he bought a rental house for a little over the loan amount but it is worth more.
Now when i stated you could bid Apprasial price + $1.00 and the house is
your for sure.

Now what is wrong with this Little v?

TURTLE

Yet more proof that the big TURTLE is indeed a very dumb animal.

What is wrong is that you are contradicting yourself.

In your first post, you said to bid "one dollar over fair market
value".

Now you said something different, to bid over loan plus sheriff's
costs.

Now you are saying bid one dollar over "appraised value" but you
apparently have NO CLUE what appraised value is.

Sure, bid over market and you could very well have the house. But
that would be no bargain. The bargain that you brag about getting,
was NOT at one dollar over FAIR MARKET VALUE. You are bragging that
you got it UNDER FMV, for just the LOAN amount.

You seem to think the whole world is based on your one little
experience.

That is what is WRONG, little turtle.

-v.